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946 160 STREET, Surrey

$1,349,000

This 10,596 sqft property in Surrey is a detached single-family home on a lot the new rules make suitable for a multiplex. Surrey follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Surrey's larger lots and lower land prices often lift the number of units that pencil out.

Welcome to one of the rarest opportunities in all of White Rock. This expansive 10,596 sq ft lot sits steps from White Rock Beach with plans nearing final building permit approval for a luxury duplex pushing Bill 44 to its edge. Each side delivers over 3,500 sq ft across 3 levels with 8 beds and 6 baths featuring 10 ft ceilings, open-concept living with fireplace, sundeck, full kitchen with wok kitchen, office, and premium finishes. Each unit includes 2 mortgage helpers: a 2 bed basement suite with theatre room, rec room, and separate entry, plus a detached 2 bed LEGAL coach home off a private rear lane with double car garages. Walking distance to White Rock Beach, Southridge School, and Semiahmoo Secondary School.

How this price compares

This lot asks $127 per square foot of lot. That is 15% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 177 of 526 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$1,349,000
Lot size
10,596 sqft
Lot dimensions
49.51 x
Frontage
49.51 ft
Bedrooms
5
Bathrooms
2
Year built
1936
MLS® area
King George Corridor
MLS® number
R3153603

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Listing data via MLS®. Displayed for information only.